Housing costs in Lancaster?
A typical home costs
$337,300, which is 0.2% less expensive than the national average of
$338,100 and 38.9% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Lancaster costs
$1,490 per month, which is 4.2% more than the national average of
$1,430 and 18.8% more than the state average of
$1,210.
Can I afford Lancaster?
To live comfortably in Lancaster (zip 17601), Pennsylvania, a minimum annual income of
$64,800 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Lancaster?
The cost of living in 17601 Lancaster, PA is slightly higher than the national average. Those looking to move to the area can expect to pay more for housing and utilities, as well as transportation costs. Groceries and other necessities tend to be less expensive than other areas. The average home here costs around $165,000, and the median household income is about $50,000 a year. Overall, the cost of living in this area is still relatively affordable compared to many other cities across the country.